Vending What’s In

Gone are those old days when vending business was just limited to a few products like soda or snacks. New products and machines are fast emerging as a result of technological advancements. This is giving operators more and more choice to choose from. Latest vending options include car washes, popcorn, gumball, coffee, cosmetics, snacks, postcards, toys, videos, water, ATM machines, bulk products, stickers and many more.

With such a wide range of choices available, it is quite tough for any novice to choose a machine. None of us want to waste our hard earned money in faulty machines or products. So, it becomes almost mandatory to do a thorough market research and analyze various available opportunities. The first step towards this would start with gathering information. An operator has to collect huge information related to what customers want? How many competitors exist in the market? Latest products available and machines used by competitors. All this information helps you in choosing the right product and right machine for you depending on your target audience.

Whenever you start a vending business, it is always advisable to start on a smaller note with may be one or two machines. Depending on the demand and success of you business, you can slowly expand by reinvesting the returns earned on one machine. Purchase a branded machine from an established and reliable source like Planet Antares. Always prefer a new machine instead of a used or refurbished one. New machines from Planet Antares come with warranty, are attractive and more efficient in performance.

Bulk vending could be another option and is a lot cheaper. However, it is a misnomer that large machines give more returns. The success of vending business is largely influenced by your creativity, location and product selection. Businesses also differ in terms of their requirements of vending machines, sizes, styles, servicing needs and floor space.

For all new entrepreneurs, vending is a simple business with guaranteed results. So, do not waste any further time and start your vending business now.

Vending Business Promotion Ideas

Vending as everyone knows is a 40 billion dollar industry and still growing at an enormous speed. Vending business has helped many individuals and families to get financial freedom and live their lives the way they want. There are countless opportunities in this business but with this you have to face huge competition as well. Service is the key in vending business and with the amount of competition around, the one who can provide better service would rise.

Here are few tips from Planet Antares that will help vending business owners in promoting their business

Choice of location is probably the first step and also the most important step you would take in the vending business. Choose your location with high foot fall. Also make sure that your vending machine is placed in a way that people can easily see it.

Choosing your vending machines can be yet another important step in your vending business. Make sure you do not lure into used or refurbished vending machines ever. If you do, you will end up paying more than buying a new vending machine because of repairs and other costs. Moreover you will lose business because these machines will always create troubles for you and may not function when needed. This can earn you bad reputation in the market and your business will suffer.

Choose your products by conducting a survey in the area where you are going to place your vending machine. You should only stock your machines with branded products. People already know about these products and will buy these products without hesitation. Healthy eating is being promoted by the US Government a lot and stocking your machine with health products can be a good idea.

Giving away some freebies like toys to children can be a good idea, however you will need to budget your expenses accordingly.

These are some general points that will help you in promoting your business, however you will have to strategize your business promotion activities according to your location so that you can make profits.